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On today's Vox Markets Podcast:
SDX Energy (SDX)
Paul Welch, President & Chief Executive Officer of SDX Energy (SDX) talks through their financial and operating results for the three and nine months to September 30th.
SDX is an international oil and gas exploration, production and development company, headquartered in London, England, UK, with a principal focus on North Africa. In Egypt, SDX has a working interest in two producing assets (50% North West Gemsa & 50% Meseda) located onshore in the Eastern Desert, adjacent to the Gulf of Suez. In Morocco, SDX has a 75% working interest in the Sebou concession situated in the Rharb Basin. These producing assets are characterised by exceptionally low operating costs making them particularly resilient in a low oil price environment. SDX's portfolio also includes high impact exploration opportunities in both Egypt and Morocco.
Infrastrata (INFA)
John Wood, Chief Executive Officer Infrastrata (INFA) discusses the project, the milestones they've achieved so far and what's to come.
The Islandmagee gas storage project is a proposed salt cavern gas storage facility located on Islandmagee in County Antrim, Northern Ireland. The Board of InfraStrata believes that the proposed 500 million cubic metres Natural Gas Cavern Storage facility will provide over 25% of the UK's Natural Gas Storage once constructed, and will be situated adjacent to the Scotland Northern Ireland (gas) Pipeline (SNIP) and the Moyle 500 Megawatt Electricity Interconnector. Work commenced in 2007 with the acquisition of 3D seismic data to image the Permian salt in the Larne Lough area. During 2012, planning permission was granted for the project and a gas storage licence was issued by the Utility Regulator. In 2015 a well was drilled to core the salt and confirm the technical feasibility of the project, supported in part by the European Commission. The Front End Engineering and Design (FEED) element of the Project is scheduled for completion by the end of 2018. To date approximately £13.5m has been invested in the project.
(Interview starts at 10 minutes 2 seconds)
Malcy
Oil & Gas Sector specialist Malcy talks about the following stocks:
Faroe Petroleum (FPM)
SDX Energy (SDX)
President Energy (PPC)
Amerisur Resources (AMER)
Petro Matad (MATD)
Rockrose Energy (RRE)
(Interview starts at 25 minutes 5 seconds)
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